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Old 04-17-2017, 09:26 AM
 
Location: Northeast states
13,919 posts, read 13,661,816 times
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Philadelphia have potential to become better city
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Old 04-17-2017, 09:45 AM
 
Location: New York City
9,320 posts, read 9,148,876 times
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Quote:
Originally Posted by kyb01 View Post
The NY Times article from 4/15 : Is American Retail at a historic tipping point? It mentions an actual real downturn in SoHo.
Just read it, not totally relevant, but I oftentimes get frustrated shopping in stores because salespeople work on commission and they never give you space, a few weeks ago in men's shoes at Macys Herald Square, I literally said the heck with this and walked out of the store after (I kid you not) 6 different sales people approached me within a 5 minute period asking me all kinds of questions, that is definitely a deterrent for people looking to shop in brick and mortar locations.


Anyways, retail is constantly changing like every industry, and it is more competitive than ever. I think if brands, designers, retailers, even the actual malls do not adapt, then they will suffer, those that do adapt will prosper. Many retailers are performing well, both low and end, but many of the stalwarts are struggling because for decades they were successful on their previous marketing strategies which today are no longer relevant.


Manhattan is tough because rents are so outrageous. I think there will be an uptick in closures or consolidations due to high-rent, and a slight oversaturation in retail.


Finally, KoP is living proof that malls and brick and mortar are still in demand. I know KoP is not your average mall, but much of its success is attributed to the fact that SEPA (a wealthy region with millions of people) has long been an underserved market, and retailers are now flocking to Kop because it has made a national name for itself. It also helps that KoP is a booming region, and Simon has is very good at marketing.
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Old 04-17-2017, 11:01 AM
 
10,787 posts, read 8,636,103 times
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Quote:
Originally Posted by cpomp View Post


Finally, KoP is living proof that malls and brick and mortar are still in demand. I know KoP is not your average mall, but much of its success is attributed to the fact that SEPA (a wealthy region with millions of people) has long been an underserved market, and retailers are now flocking to Kop because it has made a national name for itself. It also helps that KoP is a booming region, and Simon has is very good at marketing.
The sort of understated wealth in the area has been a fact for decades. I'm an everything-about-the-Titanic buff. There were 40 Philadelphians onboard including some of the riches people in country at the time. The Wideners. The Thayers(PRR). So much of that still remains.
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Old 04-17-2017, 12:19 PM
 
Location: New York City
9,320 posts, read 9,148,876 times
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Quote:
Originally Posted by kyb01 View Post
The sort of understated wealth in the area has been a fact for decades. I'm an everything-about-the-Titanic buff. There were 40 Philadelphians onboard including some of the riches people in country at the time. The Wideners. The Thayers(PRR). So much of that still remains.


OT, but yes, only those who are very educated in history old money regions in the country know that. Though the romance story line to the movie was mostly fictitious, there was a scene when Rose was showing Jack her huge ring and she said "500 invitations have gone out, all of Philadelphia society will be there" Case in point about the long time old money in the region.
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Old 04-18-2017, 08:36 AM
 
10,787 posts, read 8,636,103 times
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Quote:
Originally Posted by cpomp View Post
OT, but yes, only those who are very educated in history old money regions in the country know that. Though the romance story line to the movie was mostly fictitious, there was a scene when Rose was showing Jack her huge ring and she said "500 invitations have gone out, all of Philadelphia society will be there" Case in point about the long time old money in the region.
OT again. The examples of wealth are all around us in places that many locals don't notice either. Right now there's an article on philly curbed about a house(to me it's a mansion) in E. Mt Airy on Sedgwick St for about 800K. It's huge. Spectacular. Gorgeous.
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Old 04-18-2017, 03:37 PM
 
Location: New York City
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Was anyone else aware that this new large club opened? Off of the Vine.


NOTO NightClub Opens in Philly - The Preview Weekend | Philly Chit Chat
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Old 04-27-2017, 12:37 PM
 
Location: New York City
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Kids' fast fashion brand Orchestra Premaman is opening 1st U.S. store in King of Prussia


"King of Prussia Mall was selected for the retailer's first U.S. store because of its proximity to the company's national headquarters in Bala Cynwyd, as well as its steady flow of shoppers of varying wealth, Boidin said."
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Old 05-03-2017, 01:35 PM
 
Location: New York City
9,320 posts, read 9,148,876 times
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Lots of new restaurants coming to the area.


PJ Clarkes should definitely liven up that quiet stretch of Walnut, and I like the table tennis lounge below the Cheesecake Factory.

http://www.philly.com/philly/food/Ne...ants-2017.html
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Old 05-04-2017, 12:39 PM
 
Location: New York City
9,320 posts, read 9,148,876 times
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Tradesman's, a BBQ and Beer Hall, Is Coming to Midtown Village


This place looks like it will be tasty and fun.
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Old 05-04-2017, 05:57 PM
 
Location: Philadelphia, PA
8,700 posts, read 14,574,491 times
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Aesop is going in on Walnut in the spot of the old Art of Shaving.

American Apparel - is it closed for good or just undergoing renovations?
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